Logo
Section 21Central Act

Section 21: Advisory Committee.

The Financial Corporation may appoint 1[one or more committee or committees consisting wholly of directors or wholly of other persons or partly of directors and partly of other persons] for the purpose of assisting the Financial Corporation in the efficient discharge of its functions and, in particular, for the purpose of securing that those functions are exercised with due regard to the circumstances and conditions prevailing in, and the requirements of, particular areas or industries.

1. Subs. by s. 14, ibid., for "one or more advisory committee or committees" (w.e.f. 21-8-1985).

Advertisement

Disclaimer: This section is reproduced for general informational and reference purposes only. Always verify against the latest official gazette and consult a qualified advocate before relying on any provision.